Definition of Tolling arrangement

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TeachMeFinance.com - explain Tolling arrangement



Tolling arrangement

The term 'Tolling arrangement' as it applies to the area of energy can be defined as ' Contract arrangement under which a raw material or intermediate product stream from one company is delivered to the production facility of another company in exchange forthe equivalent volume of finished products and payment of a processing fee'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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